You recently sold an antique car you owned and valued greatly. However, you needed money...
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You recently sold an antique car you owned and valued greatly. However, you needed money and agreed to sell the car at a price of $68,000, to be paid in monthly payments of $1,500 each for 48 months. What annual interest rate did you charge for financing the sale?
0.24%
2.83%
11.03%
0.92%
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